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Author Topic: Binance upcoming delisting  (Read 652 times)
Gorosden (OP)
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July 13, 2020, 03:59:55 PM
 #1

Binance plan to delist the following coins very soon, I believe they are doing this because the coins failed to meet their level of standard, if you are holding any of these coins I suggest you think twice about them

Based on our most recent reviews, we have decided to delist and cease trading on all trading pairs for the following tokens at 2020/07/20 10:00 AM (UTC):

Aeron (ARN)
Etherparty (FUEL)
Lunyr (LUN)

Pffrt
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July 13, 2020, 04:44:39 PM
 #2

Thank you for sharing this although I don't have any of mentioned coin in Binance. I appreciate the decision of Binance and this is a good side of Binance that they always want to keep their user safe and secure.
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July 13, 2020, 05:00:57 PM
 #3

I can't find the source for that delisting, do you have a source for that news because I can't find it on their blog and no news yet about the delisting.
I haven't received an email too about this news you have shared.

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July 13, 2020, 05:13:12 PM
 #4

Binance plan to delist the following coins very soon, I believe they are doing this because the coins failed to meet their level of standard, if you are holding any of these coins I suggest you think twice about them

Based on our most recent reviews, we have decided to delist and cease trading on all trading pairs for the following tokens at 2020/07/20 10:00 AM (UTC):

Aeron (ARN)
Etherparty (FUEL)
Lunyr (LUN)

Most obvious reasons for delisting usually include low or no volume, community support or interest fading away as well as no updates or proactiveness from team. Anyways in the end it is the investor and hodler who is effected by such delistings which is really not good for longterm supporters.

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July 13, 2020, 05:33:14 PM
 #5

it's time shit tokens that settle in binance are destroyed
Aeron used to be a token from ICO, somehow it can easily enter binance
but until now the developers of several ICO projects have disappeared without certain news
sad sorrow for a sad soul
Bananington
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July 13, 2020, 05:35:21 PM
Last edit: July 13, 2020, 05:49:31 PM by Bananington
 #6

I was holding FUEL with stop loss set, this is the beauty of stop loss. Upon announcement of the delisting, the dump was epic. Imagine ARN nose diving to 400, that's insane. With this, projects will sit up with development. I just feel sorry for those who bought the coins delisted by Binance for short term trading purpose without using SL, stop loss helps.

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July 13, 2020, 05:47:21 PM
 #7


I was holding FUEL with stop loss set, this is the beauty of stop loss. Upon announcement of the delisting, the dump was epic. Imagine ARN nose diving to 400, that's insane. With this, projects will sit up with development.

Took them time to decide to delist these projects. I think ARN still will be in their DEX, the team did move it to Binance platform, as far as I know, I still have the ERC tokens. I didn't try exchanging it to BEP tokens because the price seem not worth. Now its going to take a dive again.

it's time shit tokens that settle in binance are destroyed
Aeron used to be a token from ICO, somehow it can easily enter binance
but until now the developers of several ICO projects have disappeared without certain news
sad sorrow for a sad soul

They've made a lot of partnerships that made investors see they are doing good, there is just no assurance to verify these partnerships though so its just not building up the confidence of investors.

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July 13, 2020, 05:55:57 PM
 #8

The most recent news is that I found,

Binance delisting

Arn, Fuel and Lun coin

Source: https://t.me/CryptosignalUS/5354

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July 13, 2020, 06:06:26 PM
 #9

Looks like these coins aren't active as the others hmmm

Mostly the reason why coins are getting delist is because of insufficient market capitalization, this basically means that the project is not getting a movement as they have expected. I even saw some coins that has been delisted just after a week of exchange listing, these are overhype projects, they'll be dead once most of the investors sells out. Feel sorry for these coins if they are not able to play and compete to other existing coins.

would love to hear if they are voluntarily delisting for restructuring   Cheesy


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July 13, 2020, 06:11:22 PM
 #10

I can't find the source for that delisting, do you have a source for that news because I can't find it on their blog and no news yet about the delisting.
I haven't received an email too about this news you have shared.
It is not every time they send message about delisted coin to traders mail. Sometimes they make the announcement on social media and also post it on the announcement blog on the website. Here is the link to the new https://twitter.com/binance/status/1282661416789516295?s=20 it is not strange binance normally delist coin that are not getting trading volume for awhile in order to make sure the platform is free of dead project
Gorosden (OP)
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July 13, 2020, 06:33:41 PM
 #11

I can't find the source for that delisting, do you have a source for that news because I can't find it on their blog and no news yet about the delisting.
I haven't received an email too about this news you have shared.
It's on binance exchange mate, just go to binance and check their announcement section you will find the full news of those coins, I don't think binance will send out the message to emails either, it's also available on binance Twitter account
https://twitter.com/binance/status/1282661416789516295?s=20

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July 13, 2020, 06:41:21 PM
 #12

Binance plan to delist the following coins very soon, I believe they are doing this because the coins failed to meet their level of standard, if you are holding any of these coins I suggest you think twice about them

Based on our most recent reviews, we have decided to delist and cease trading on all trading pairs for the following tokens at 2020/07/20 10:00 AM (UTC):

Aeron (ARN)
Etherparty (FUEL)
Lunyr (LUN)


The binance may have been delisted due to insufficient volume of these coins. Binance must want to have the volume of the coins that are already listed. Many times the exchange delists some coins because of the inactive team. When a project does not do any kind of development, that project cannot do much from the list on the big exchange. So it is not possible to stay in the market for long without an active team and development

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July 13, 2020, 08:23:41 PM
 #13

Thanks for sharing this, those holding any of the above listed coin will find ways to withdraw their funds before binance finally delist them. Binance exchange always doing their possible best to make sure they keep their community safe, kudos to team for the clean up.

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July 13, 2020, 08:32:03 PM
 #14

it is very feasible if the token does not meet the target set by the binance for delisting, only coins that have potential worth there. of course this news will make the price dump because people are panic sell

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July 13, 2020, 08:36:46 PM
 #15

We all know that Binance is a great exchange but when they are still starting with this business they have listed a lot of so-called sh*tcoins, It is a good decision for them to delist these coins, maybe this coins has low trading activity and does not meet minimum trading volume. Not only binance other top exchanges are also delisting coins with no activity I guess this is for the benefit of everybody.
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July 13, 2020, 08:56:00 PM
 #16

Thank you for your reminder. Also, please always make sure you follow twitter of @Binance too keep track of their delisting of coins. Their standard's curve going upward from time to time so coins that don't meet their standard anymore slowly being kicked out.
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July 13, 2020, 09:08:06 PM
 #17

Thank you for sharing this although I don't have any of mentioned coin in Binance. I appreciate the decision of Binance and this is a good side of Binance that they always want to keep their user safe and secure.

Off course, we must appreciate Binance for this proactive decisions taken by them against some projects which are harmful to her traders. Most of these projects be delisted from the exchange are those projects that refused to work on their product. They have no trade volumes and so insolent before the Binance team. It will be nice to see many of these projects get delisted from Binance for our safety.

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July 13, 2020, 09:28:59 PM
 #18

The most recent news is that I found,

Binance delisting

Arn, Fuel and Lun coin

Source: https://t.me/CryptosignalUS/5354
This can be a good warning to those who still holding this coin especially on Binance. I admire Binance for being strict like this since they will really do keep their standard even if you pay that much. This must be a good lesson to every token to stay active and don’t let the project behind or else you’ll face consequences, Binance did a great job as always.

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Chuky92
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July 13, 2020, 09:29:24 PM
 #19

Thanks for sharing so that those who might be holding can be duely informed thus knowing what to do. About the delisting, Binance isn't the only exchange delisting coins and tokens, that is, no matter the exchange, there things required of a token and once it is not being met will be delisted so as to make the exchange a good trading ground for everyone. In addition to this, I believe one of the prominent reasons why tokens will be delisted is if they don't meet up a certain trading volume which most of the times comes from the team not doing anything tangible to keep their project going thereby resulting to lack of interest from the users which then reflects on the project's token.
Lastly, I also see this delisting as a medium to pass a message that one should be careful of the project he invests in and holds for long term.

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July 13, 2020, 09:31:31 PM
 #20

Whoa is that Aeron for Blockchain for aviation safety? Although not really sure the impact when using blockchain on this industry (Better make it private blockchain with only some companies that using it?) I didn't expect it will be delisted on binance, It's really have big volume $8 Mio, Also Lunyr with $1 Mio and have good case from my perspective was also Delisted. Well, Hope there will be any full explanation for that, Thanks for sharing this one mate.
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